Air Partner Share Discussion Threads

[venek] 18/8/2021 14:30

AP management will be very upset the Afghan government didn't hold out longer so there could be an ordered civil evacuation from Kabul with chartered airliners rather than a military one.

[s34icknote] 11/8/2021 10:49

6 months results due end of September MAy be the catalyst for a rerate .Will be interested in the net cash position increasing Market cap 55 m cash 10 million

[s34icknote] 02/8/2021 17:07

Overdue a break out !!!

[s34icknote] 28/7/2021 11:45

Strange buys at 87p !!Market maker games

[sharw] 27/7/2021 18:03

..or not as the case may be. If you look they are 19 secs apart with the second at the higher price. That looks like two sides of a negotiated trade, so the second would be a buy.

[s34icknote] 27/7/2021 15:49

Looks like a seller holding this one back Two 130 k sells

[s34icknote] 27/7/2021 07:06

Plenty of buying last few days Can this push on to new highs ??Still think we are under the radar .

[s34icknote] 23/7/2021 16:00

Stock running out ?Seat belts fastened

[s34icknote] 23/7/2021 09:03

Almost as if the trading update got lost in Monday's Mayhem market !

[s34icknote] 23/7/2021 08:53

Looking at last results eps was 9p basic .That puts us on ten P/E ratioFor a company that is really flying at no !Pardon the pun!!

[5oletrader] 20/7/2021 16:08

20/07/2021 - Submitted for Info:

Number of private jets available for purchase dries up as demand soars during pandemic.

The number of private jets available for purchase has plummeted sharply in the last year after wealthy individuals snapped up most of the world’s available planes due to the pandemic.

Data from private jet broker Colibri Aircraft shows that a mere 4.7 per cent of the world’s pre-owned jet fleet is for sale – this the lowest level since records began in the 1980s.

Around 1134 private jets are for sale globally, compared to approximately 1,839 in June 2020, a decline of over 38 per cent in a little over a year.

In addition, Colibri said that there had been a drop in the number of new jets being delivered of 20 per cent since 2019.

Colibri’s managing director Oliver Stone stated a large number of new buyers had helped crank up demand in the private jet market.

He also pointed to the difference in price between pre-used planes and new ones as another key reason for the shortage of “second-hand” jets.

“The recent large declines in supply of private jets has been led by the USA, which re-opened far quicker than other parts of the world”, Stone said.

“Key factors driving the dramatic drop in the supply of jets for sale was a strong desire to travel in an environment with far lower risk of Covid transmission – there are as many as 680 fewer person-to-person interactions when flying by private jet compared to commercial – and a significantly reduced airline service making airlines less convenient, which meant that more owners of private jets wanted to keep hold of their aircraft and a large number of first time buyers entered the market.”

He also said that the combination of surging asset prices, cheap debt due to government stimulus, and falling prices as a result of depreciation had encouraged people to buy.

[s34icknote] 20/7/2021 12:38

This one benefits from covid !

[s34icknote] 20/7/2021 12:37

Normal service resumed This touched 89p an upbeat trading !!Panic Monday out of way !

[s34icknote] 19/7/2021 13:06

Good buying opportunity .More COVID cases increasing private travel

[2vdm] 15/7/2021 08:11

RNS, but not showing here yet -
Air Partner plc reports strong growth in its JetCard product, driven by US activity
Number of JetCard bookings, members and customer deposits up globally as travel restrictions ease
Highlights:

-- Global JetCard bookings up 56.8% and number of new members up 36.8% YoY
-- US bookings up 152.9% YoY and the number of new US JetCard members up 225.0%
-- UK JetCard bookings up 6.3% and customer deposits up 82.4% YoY, despite downward market trend

Air Partner's Private Jets business has seen a 56.8% increase in JetCard bookings globally from 1 February to 30 June compared to the same period last year, indicating that leisure travellers are increasingly looking to secure flexible and safe travel now that travel restrictions have been eased. The number of new members is also up 36.8% year-on-year, while customer deposits are up 85.2%.

This growth has primarily been driven by the strong performance in the US, where the large domestic market has enabled high-net-worth individuals (HNWIs) to continue flying. This has led to a 152.9% year-on-year increase in bookings and 225.0% increase in new JetCard members. The value of JetCard customer deposits in the US is also up 112.8% year-on-year.

Momentum is starting to build in the UK Private Jets business, with activity now back at pre-COVID levels, and this is expected to continue as the vaccine roll-out drives the return of business and leisure travel. JetCard bookings are up 6.3% and customer deposits are up 82.4% year-on-year, despite the wider downward market trend......continues

[thorpematt] 09/7/2021 21:37

trident5,
Yes i think there is. In part at least, some of that is due to the nature of the business model. As with (for example) construction contractors such earnings volatility can and does draw upon valuations. Thus, that gives investors more of a need for clarity from the company and brokers if possible.

robinnicolson,
Thank you very much indeed for posting the information. Very useful and much apreciated.

[robinnicolson] 09/7/2021 11:50

Here is the latest broker forecast (Sharescope site just updated)

FY22, FY23, FY24 (£ million unless stated)

Turnover: 77.5; 85.8; 90.3

EBIT: 6.20; 7.30; 7.90

EPS (pence): 6.30; 7.60; 8.30

DPS (pence): 2.40; 2.60; 2.80

Cash: 6.00; 7.00, 10.00

[trident5] 09/7/2021 08:51

TM - there is a lack of visibility around future business with this company.

[robinnicolson] 09/7/2021 08:35

Sharescope have the forecast from one broker for FY22, FY23, FY24 (£ million unless stated)

Turnover: 71.7; 79.5; 83.8

EBIT: 5.40; 6.70; 7.20

Post-tax profit: 3.60; 4.60; 5.00

EPS (pence): 5.50; 7.00; 7.50

DPS (pence): 2.40; 2.40; 2.40

Cash: 5.00; 6.00, 8.00

(this forecast data was last updated on 21 April)

[thorpematt] 09/7/2021 08:10

Are any brokers actully covering ths stock and offering an EPS expetation?


Forward earnings expectations for the next year or two is what i was after.

TIA

[robinnicolson] 08/7/2021 16:15

Price target raised to 105p from 100p by Canaccord Genuity.

[deadly] 08/7/2021 09:01

Results presentation:
www.airpartnergroup.com/investors/reports-results-and-presentations/ .

[2vdm] 08/7/2021 07:49

RNS - trading update revenue ahead of expectations. Excellent news.

[trident5] 02/7/2021 18:59

Interesting that the Executive bonuses are calculated on underlying profits before exceptional items tax and other items.

In 2021 these profits were: £11,558k
and in 2020: £4,232k.

Meantime shareholders had to make do with profits of £5,632k and £303k for these two years.

Not sure why the Remuneration Committee and shareholders agree to this.